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The One Level In Trading You Must Know
There is one level that controls all levels when trading. You’ll see this level on all my charts. In this video I’ll share my top tips for using this level for all your trading decisions.
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What is this level?
It’s the weekly open, that is the weekly opening price on whatever you are trading. On my charts it’s the white or orange line. These arrows above tell me if price is above or below the weekly open. This level more than any other has a consistent impact on price action. If you want to execute better trades, get out of tunnel vision, and have better entries and exits then on every trade you execute you should have a general idea where price is at in relation to the weekly open. At any given time the weekly open is an attracting magnet for price or a repelling magnet for price.
I’ll share in membership video the exact patterns that reveal if the weekly open is attracting or repelling the current price. But right now, I’ll share some tips on using this important level in all your trading.
Tools Used:
#1 Charting Tool: https://bit.ly/BestChartingToolRDT
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Best Trade Journal Tool: http://bit.ly/xBestTradeJournal
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I am not a licensed financial advisor in any way shape or form. This video and everything I say about trading, cryptocurrencies, money, life or anything in general should not be taken as financial advice. Everything I say or write is my opinion. Make sure you do your own research and base all your decisions on what you find yourself. I’m simply stating opinions. I am not giving financial advice, trade advice, or any financial advice in any way whatsoever. Everything I write or state is an opinion. I AM NOT A FINANCIAL ADVISOR.
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